Top court upholds two-year prison term for Hankook & Co. chair

South Korea’s Supreme Court on Friday has confirmed a two-year prison sentence for Cho Hyun-bum, chair of auto parts and tire-maker Hankook & Co., after finding him guilty of the embezzlement of company funds and breach of trust. The top court finalized a lower court ruling sentencing Cho to two years in prison for violating the Act on the Aggravated Punishment of Specific Economic Crimes, including embezzlement and breach of trust. Prosecutors had alleged that Cho was involved in misappropriati

By The Korea Herald